My opinion on the Mexican border is that enough time has transpired to facilitate an increase in production and processing capacity to increase domestic beef production.
EU tariff fears pressure grains as cattle attempt to find footing. Catch Oliver Sloup with Michelle Rook on Markets Now Closes for today’s market breakdown.
Corn futures are trying to hold steady on Tuesday, with contracts steady to a penny lower in the nearbys, and deferreds fractionally higher. The CmdtyView national average Cash Corn price was down a penny...
The wheat complex is trading with weakness on Tuesday across the three markets. Chicago SRW futures are posting 6 to 7 cent Tuesday losses. KC HRW futures are showing 3 to 4 cent losses at midday. MPLS...
Soybeans are showing fractional gains so far on Tuesday. The cmdtyView national average Cash Bean price is 3/4 cent lower at $9.87 1/2. Soymeal futures are up $1.50 to $2.60 at midday, with Soy Oil futures...
Grain markets had an impressive end to last weeks trade, but are seeing weakness amidst pressure in some outside markets.
Corn, soybeans, and winter wheat are looking to recover from a bearish USDA report last week.
Wheat is trading lower across the winter wheat contracts on Tuesday morning, with spring wheat steady. The wheat complex rallied into the long weekend with gains across the three markets. Chicago SRW futures...
Corn price action is down 1 to 2 cents so far on Tuesday after a long weekend. Futures closed the Friday session with contracts 4 to 5 cents higher in the front months, taking back some early week losses....
Soybeans are slipping back 1 to 2 cents so far on Tuesday AM trade. Futures posted 4 to 5 cent gains across most contracts on Friday, as March was down just 4 ¾ cents on the week. Friday’s preliminary...